doogie_goes_off
disbelieve if you can
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Another nice rise today (4c or 12.5% thus far), maybe we can look forward to a big rise in May-June like last year?
CSE - Copper Strike
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doogie_goes_off
disbelieve if you can
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Announcement coming out, hoping for some drilling nes as I haven't seen any for a while, holding my breath now.
doogie_goes_off
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Some very solid drill results in there, plenty of width and a new intersection between the two adjacent deposits. Looks good to me.
doogie_goes_off
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It's very quiet in CSE land. I'll have to be patient for a new resource statement or a drill result because they have their heads down working I assume?
doogie_goes_off
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Well if anyone is still following CSE they will be dissapointed at the news of losing a key Director, a dragging market, lower commodity prices and a delay in the Feasability Study for Eansliegh/Kaiser Bill. Either I am about to take a sensible contrarian view in an overly negative market or I am mislead by my stoic support for the company. Still more than $5M in the bank and a Market Cap of only double that, resources ready for exploitation... I am tempted to buy again. Cheap IMO 
:brille:
:brille:
doogie_goes_off
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Slipped back below the 6c support today and still no news about the final costs for Cu production. Anyway at $1.44/ lb and Cu hovering at $1.57/lb, even in these uncertain economic times - still looks cheap
doogie_goes_off
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Looking like better value now the copper price is on the move. Would be good to see copper back around $2/lb so that there is a buffer should CSE decide to fund the open cut copper operation
Not many of you are watching this stock, just thought id point out a good announcement from yesterday.
The early stage of the feasability study has been released with poistive news. Small price rise yesterday however market hasnt caught up.
At every stage they have drilled at Einasleigh they have hit copper, and are starting to drill again
DYOR,
Tom Eadie is approachable
The early stage of the feasability study has been released with poistive news. Small price rise yesterday however market hasnt caught up.
At every stage they have drilled at Einasleigh they have hit copper, and are starting to drill again
DYOR,
Tom Eadie is approachable
doogie_goes_off
disbelieve if you can
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Sold out too early - let this be a lesson to you all. Have a fundamental target, periodically review it but stick to it. The end. Good Luck CSE.
under hostile takeover from kzl
11c takeover
current close of 13c
article today outlining new 7% shareholder traced to HK
this will be interesting
they need to be taken over or get a partner
i dare say we will see further bids soon
KZL stake of 18 % is made of of Tecks approval at 15odd%, thus there exposure today is 3% or therabouts
what do people think
i think we will see some huge develompments over the next 6 months
i believe it ill go to a chinese company
this company is that small the government wouldnt give a flying about it
11c takeover
current close of 13c
article today outlining new 7% shareholder traced to HK
this will be interesting
they need to be taken over or get a partner
i dare say we will see further bids soon
KZL stake of 18 % is made of of Tecks approval at 15odd%, thus there exposure today is 3% or therabouts
what do people think
i think we will see some huge develompments over the next 6 months
i believe it ill go to a chinese company
this company is that small the government wouldnt give a flying about it
read todays announcement. i believe that everything i wrote in october has come true except the extra bids.
the new chinese jv is very strong. I am doing some research on them atm and they are holding some nice assets, and there strategic view is extremly good.
next qtr we will see some dd going on with hopefully some increasing resources at galatea in may/june
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CSE has roared from 2c to 14c since January. The main reason is its 11m share holding in SYR which has also jumped steeply. (It also has many common directors )
SYR has discovered a huge graphite mine in Mozambique which has created quite a stir. After reading teh Diggers and Drillers report I know know a lot more about graphite !
I hold.
http://www.syrahresources.com.au/SYR Diggers and Drillers News Release.pdf
SYR has discovered a huge graphite mine in Mozambique which has created quite a stir. After reading teh Diggers and Drillers report I know know a lot more about graphite !
I hold.
http://www.syrahresources.com.au/SYR Diggers and Drillers News Release.pdf
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Jumped on board this at 6c after getting a nudge at a well known Bourke St pub frequented by CEOs and geos from the mining sector in Melbourne. Apparantly they are looking at an East African acquisition. Wouldn't be surprised if it's a vend in for CSE shares. Currently 13.5c and riding the SYR train owning 10% of Syrah.
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Now 14.5c. Probably should be trading at 16c when looking at where SYR ended the day.
Firstly, it was shale and oil.
Now it's graphite.
AXE, CSE, SYR... big time running hard.
Btw, does ASF have an AXE thread? Can't seem to find...
Flake graphite next big thing??
COPY AND PASTE:
The rarer, high-quality type of graphite to invest in is ‘FLAKE’ graphite.
Flake graphite production levels are just 400,000 tonnes a year. Analysts at Investment Bank, Canaccord, report that demand from lithium-ion battery manufacturers is increasing at 20% a year.
And you can see why. Uptake has been slow thus far, but the US still plans to put 250,000 electric cars on its roads each year by 2015. China wants to put a million electric cars on Chinese roads each year in the same period. With 50 kg of graphite going into the battery of each electric car, the market will need to find an extra 250,000 tonnes of flake graphite to keep up with this demand alone.
But it’s not just electric cars that have batteries…
The battery in your mobile phone contains graphite as well.
They may be much smaller than a car battery – but according to the International Telecommunication Union, out of a population of 7 billion people alive today there are 5.9 billion mobile phones in use around the world. That’s an incredible statistic. And by 2015, they reckon there will be MORE mobile phones in use than there are people on the planet.
In fact, any heavy-use electric gadget will have a graphite-filled battery. Electric cars mobile phones, your laptop computer, cordless drills, and electric toothbrushes….all these devices significantly increase the demand for flake graphite.
Based on this increased demand, the price of high quality flake graphite soared from US$1000 to $3000 a tonne in the last five years.
I’m convinced it has plenty more to run. Battery makers are not the only ones queuing up for flake graphite.
A new generation of nuclear reactors called ‘pebble-bed nuclear reactors’ use large amounts of flake graphite.
The reactors get their name from the pebble-sized spheres of graphite mixed with uranium they contain. This structure allows pebble bed reactors to produce power more efficiently – and safely – than conventional reactors. This technology means nuclear reactors can be smaller, and as easy to run as turning a switch.
Graphite demand from pebble bed reactors alone could be greater than current annual production by the end of this decade.
Electric batteries and pebble-bed nuclear reactors are two current technologies driving demand. In my view, these two applications alone are enough to justify a bullish long-term outlook. But “high tech” commodities are rapidly evolving. And more markets (with more demand for flake graphite) are already developing.
The Future of Graphite – Fuel Cells and ‘Graphene’
But the real future of graphite may lie in fuel cells.
According to the United States Geological Survey, fuel cells could create more demand for flake graphite than all other applications combined.
A fuel cell is like a large battery that produces power through chemical processes. You need to ‘refuel’ it from time to time. This fuel contains graphite.
This is not science-fiction. Fuel cells are already used to power phones, vehicles, and provide back-up power for buildings such as hospitals. Toyota plans full-scale commercial production of fuel cells within three years.
If fuel cells are the next source of demand for graphite, then graphene is the ‘blue sky’ for demand.
Graphene is a one-molecule-thick sheet of graphite.
The carbon molecules line up in hexagons. Close up it would look like chicken wire. It is stronger than diamond, is more elastic than silk, and conforms to any shape. It conducts electricity at the speed of light, and can transmit 1000 times the electric current than copper. This amazing material is quite new to science, and we are still working out its potential applications.
Click here to enlarge
IBM has already used graphene to produce the fastest computer chip in history. The US Air force and Navy are funding research to investigate its potential. Graphene chips may displace silicon chips in computers. If this happens, then graphite demand would go through the roof.
IBM are not the only ones researching it. Intel, the world’s biggest microchip manufacturer, is also investigating its potential uses, along with at least 200 other industrial companies.
Graphene production doesn’t generate any real graphite demand yet. This is still at the research and development stage. It’s worth mentioning here, because if scientists are even half-right, graphene could change the world we know it, and the price of graphite will soar.
Where’s the graphite going to come from?
The graphite price looks good to keep rising. Demand continues to rise, and there is very little flake graphite production coming on line.
The only new project of any size that could be in production soon is the Almenara graphite project run by Magnesita (unlisted) in Brazil. This could produce 40,000 tonnes of graphite a year, increasing global production by just 10%. Production is still at least a couple of years away.
With so little new production queued up, and new projects taking around five years to bring to production, it is hard to see how demand will be met. Analysts at a Canadian investment bank, Canaccord, reckon that demand for flake graphite will increase six-fold by the end of this decade. This paints a very bullish picture for flake graphite prices. A six-fold increase to demand without any significant increase in supply should send prices one way: UP.
Analyst predictions aren’t any kind of guarantee this will actually happen, of course. I think what is probably more important is just how strategically important graphite is: particularly graphite deposits based outside of China.
Whether it is used for batteries, nuclear reactors, fuel cells, or even graphene – the point is that graphite is essential for a group of new and developing technologies.
This makes it a commodity that important groups will want to control… and that makes it a great investment opportunity.
This story has just started on the Australian market. It has the same hallmarks that the rare earths stock boom had back in 2009. Investors that got into that at the start made spectacular returns.
The time to look at graphite is now.
Dr. Alex Cowie
Editor, Diggers & Drillers
Now it's graphite.
AXE, CSE, SYR... big time running hard.
Btw, does ASF have an AXE thread? Can't seem to find...
Flake graphite next big thing??
COPY AND PASTE:
The rarer, high-quality type of graphite to invest in is ‘FLAKE’ graphite.
Flake graphite production levels are just 400,000 tonnes a year. Analysts at Investment Bank, Canaccord, report that demand from lithium-ion battery manufacturers is increasing at 20% a year.
And you can see why. Uptake has been slow thus far, but the US still plans to put 250,000 electric cars on its roads each year by 2015. China wants to put a million electric cars on Chinese roads each year in the same period. With 50 kg of graphite going into the battery of each electric car, the market will need to find an extra 250,000 tonnes of flake graphite to keep up with this demand alone.
But it’s not just electric cars that have batteries…
The battery in your mobile phone contains graphite as well.
They may be much smaller than a car battery – but according to the International Telecommunication Union, out of a population of 7 billion people alive today there are 5.9 billion mobile phones in use around the world. That’s an incredible statistic. And by 2015, they reckon there will be MORE mobile phones in use than there are people on the planet.
In fact, any heavy-use electric gadget will have a graphite-filled battery. Electric cars mobile phones, your laptop computer, cordless drills, and electric toothbrushes….all these devices significantly increase the demand for flake graphite.
Based on this increased demand, the price of high quality flake graphite soared from US$1000 to $3000 a tonne in the last five years.
I’m convinced it has plenty more to run. Battery makers are not the only ones queuing up for flake graphite.
A new generation of nuclear reactors called ‘pebble-bed nuclear reactors’ use large amounts of flake graphite.
The reactors get their name from the pebble-sized spheres of graphite mixed with uranium they contain. This structure allows pebble bed reactors to produce power more efficiently – and safely – than conventional reactors. This technology means nuclear reactors can be smaller, and as easy to run as turning a switch.
Graphite demand from pebble bed reactors alone could be greater than current annual production by the end of this decade.
Electric batteries and pebble-bed nuclear reactors are two current technologies driving demand. In my view, these two applications alone are enough to justify a bullish long-term outlook. But “high tech” commodities are rapidly evolving. And more markets (with more demand for flake graphite) are already developing.
The Future of Graphite – Fuel Cells and ‘Graphene’
But the real future of graphite may lie in fuel cells.
According to the United States Geological Survey, fuel cells could create more demand for flake graphite than all other applications combined.
A fuel cell is like a large battery that produces power through chemical processes. You need to ‘refuel’ it from time to time. This fuel contains graphite.
This is not science-fiction. Fuel cells are already used to power phones, vehicles, and provide back-up power for buildings such as hospitals. Toyota plans full-scale commercial production of fuel cells within three years.
If fuel cells are the next source of demand for graphite, then graphene is the ‘blue sky’ for demand.
Graphene is a one-molecule-thick sheet of graphite.
The carbon molecules line up in hexagons. Close up it would look like chicken wire. It is stronger than diamond, is more elastic than silk, and conforms to any shape. It conducts electricity at the speed of light, and can transmit 1000 times the electric current than copper. This amazing material is quite new to science, and we are still working out its potential applications.
Click here to enlarge
IBM has already used graphene to produce the fastest computer chip in history. The US Air force and Navy are funding research to investigate its potential. Graphene chips may displace silicon chips in computers. If this happens, then graphite demand would go through the roof.
IBM are not the only ones researching it. Intel, the world’s biggest microchip manufacturer, is also investigating its potential uses, along with at least 200 other industrial companies.
Graphene production doesn’t generate any real graphite demand yet. This is still at the research and development stage. It’s worth mentioning here, because if scientists are even half-right, graphene could change the world we know it, and the price of graphite will soar.
Where’s the graphite going to come from?
The graphite price looks good to keep rising. Demand continues to rise, and there is very little flake graphite production coming on line.
The only new project of any size that could be in production soon is the Almenara graphite project run by Magnesita (unlisted) in Brazil. This could produce 40,000 tonnes of graphite a year, increasing global production by just 10%. Production is still at least a couple of years away.
With so little new production queued up, and new projects taking around five years to bring to production, it is hard to see how demand will be met. Analysts at a Canadian investment bank, Canaccord, reckon that demand for flake graphite will increase six-fold by the end of this decade. This paints a very bullish picture for flake graphite prices. A six-fold increase to demand without any significant increase in supply should send prices one way: UP.
Analyst predictions aren’t any kind of guarantee this will actually happen, of course. I think what is probably more important is just how strategically important graphite is: particularly graphite deposits based outside of China.
Whether it is used for batteries, nuclear reactors, fuel cells, or even graphene – the point is that graphite is essential for a group of new and developing technologies.
This makes it a commodity that important groups will want to control… and that makes it a great investment opportunity.
This story has just started on the Australian market. It has the same hallmarks that the rare earths stock boom had back in 2009. Investors that got into that at the start made spectacular returns.
The time to look at graphite is now.
Dr. Alex Cowie
Editor, Diggers & Drillers
- Joined
- 22 January 2012
- Posts
- 55
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- 0
Well, both SYR and CSE in a trading halt pending a "transaction".
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The story is in. Syrah is flicking across the Tanzanian mineral sands tenements to CSE. In return CSE is giving 115m shares to SYR which will be distributed on a 1 for 1 basis to all SYR shareholders....
Market response is dropping CSE by 20% while pushing up SYR a few cents. My feeling is the share scrip is overly generous. Worth realising that CSE already holds most of its share value in SYR scrip so in fact SYR shareholders are keeping half the value of the mineral sands and getting another slab of SYR !!
I'd be interested in other views of this deal.
http://newsstore.fairfax.com.au/app...rkets.theage.com.au/apps/qt/quote.ac?code=cse
Market response is dropping CSE by 20% while pushing up SYR a few cents. My feeling is the share scrip is overly generous. Worth realising that CSE already holds most of its share value in SYR scrip so in fact SYR shareholders are keeping half the value of the mineral sands and getting another slab of SYR !!
I'd be interested in other views of this deal.
http://newsstore.fairfax.com.au/app...rkets.theage.com.au/apps/qt/quote.ac?code=cse
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